129 Albatross St – Fixer-Upper Dream Home with Incredible Potential.
Welcome to 129 Albatross St, a WATERFRONT POOL HOME, brimming with OPPORTUNITY! Nestled along a deep, wide canal with DIRECT GULF ACCESS, this is your chance to transform a diamond in the rough into the ultimate dream home. Whether you're an investor, a seasoned renovator, or a homeowner looking to create your perfect space, this property offers endless possibilities. Prime Waterfront Location: Situated on a deep canal with direct Gulf access, this home is a BOATER’S PARADISE. A large composite dock and boat lift await your watercraft, ensuring convenient access to some of the most beautiful waters around. Beautiful Pool & Waterfall: The inviting pool area features a stunning waterfall, perfect for relaxation or entertaining while you enjoy the scenic canal views. Deeded Beach Access: Only a short stroll to the beach, you’ll have exclusive access to the sugar white sands of Fort Myers Beach and sparkling waters of the Gulf of Mexico, just steps away from your front door. Outdoor Entertaining Potential: This property is a haven for outdoor living with ample space for dining, lounging, and entertaining. The unique outdoor entertainment structure offers a great foundation for creating an al fresco oasis. Fixer-Upper Opportunity: Bring your vision to life with this spacious home, ready for renovation and customization. With a bit of work, you can restore it to its former glory and make it your own. Well-Priced for the Area: This is your chance to get into a prime waterfront location at a fantastic price. The potential here is extraordinary!
Situated close to the beach and local amenities, this property offers the perfect blend of privacy, relaxation, and convenient access to everything the area has to offer. Don’t miss the chance to own this piece of paradise and turn it into the home you’ve always dreamed of.
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $374 | $374 | $374 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,862 | $3,767 | $4,757 |
Total Monthly Payment | $4,328 | $4,233 | $5,223 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.